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Startup Stock Exchange to allow investing in bitcoin

Wednesday, 23 April 2014 | By StartupSmart

Caribbean-based investment marketplace the Startup Stock Exchange will allow investors or any size to back companies using their bitcoins.


Launched in June last year, the SSX complies with the legal framework of regulations of the Dutch Caribbean Securities Exchange (DCSX), an international exchange for listing and trading securities.


Recently listed startups include a Latin American online insurance company, an ecommerce site for beauty products, and the NXTP Labs portfolio of companies.


Bitcoin investment will be processed by the GoCoin payment exchange.


SSX chief executive Ian Haet said the wide variety of locations and types of investors using the platform made the universal crypto currency a good option for his team.


“SSX provides investors of all levels access to investment opportunities in global Startups. The addition of Bitcoin as a funding method makes it easier for these investors to participate on our global market and invest in our public Startups,” he said in a statement.


As a regulated global marketplace, all bitcoin transfers completed by SSX investors will be reviewed according to strict anti-money laundering procedures.